How To Fix 1E862 - Enter SWIFT code

SAP Error Message - Details

• Message type: E = Error

• Message class: 1E - BCA: Account

• Message number: 862

• Message text: Enter SWIFT code

Self-Explanatory Message

Since SAP believes that this specific error message is 'self-explanatory,' no more information has been given.The majority of messages in the SAP system have a message text, however this is frequently insufficient to comprehend or resolve the problem.

To make things easier, more detailed information is frequently added to describe the issue, how to fix it, and the necessary steps or configuration modifications.

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Smart SAP Assistant

• What is the cause and solution for SAP error message 1E862 - Enter SWIFT code ?

  The SAP error message 1E862 typically indicates that a SWIFT code is required but has not been entered in the relevant transaction or process. SWIFT codes (also known as Business Identifier Codes or BICs) are used to identify specific banks and financial institutions globally, and they are essential for international transactions.
  Cause:
  The error occurs when:
  
  A transaction that requires a SWIFT code is being processed, but the code has not been provided.
  The SWIFT code field is left blank or incorrectly filled.
  The system is configured to require a SWIFT code for certain types of transactions, such as payments or bank transfers.
  
  Solution:
  To resolve the error, you can take the following steps:
  
  
  Enter the SWIFT Code: 
  
  Navigate to the relevant transaction screen where the error occurred.
  Locate the field for the SWIFT code and enter the correct code for the bank or financial institution involved in the transaction.
  
  
  
  Verify the SWIFT Code:
  
  Ensure that the SWIFT code you are entering is valid and corresponds to the correct bank. You can verify SWIFT codes through various online databases or the bank's official website.
  
  
  
  Check Configuration Settings:
  
  If you are consistently encountering this error, check the configuration settings in SAP to see if the requirement for a SWIFT code can be adjusted based on your business needs.
  
  
  
  Consult Documentation:
  
  Refer to your organization's SAP documentation or user manuals for specific instructions related to the transaction you are processing.
  
  
  
  Contact Support:
  
  If you are unable to resolve the issue, consider reaching out to your SAP support team or system administrator for further assistance.
  
  
  
  Related Information:
  
  SWIFT Code Format: A typical SWIFT code consists of 8 to 11 characters, which include the bank code, country code, location code, and branch code.
  Importance of SWIFT Codes: They are crucial for ensuring that international payments are routed correctly and securely.
  SAP Transactions: The error may occur in various SAP modules, particularly in Financial Accounting (FI) or Treasury and Risk Management (TRM).
  
  By following these steps, you should be able to resolve the error message 1E862 and successfully complete your transaction.